15,955 Shares in CoreLogic, Inc. (NYSE:CLGX) Purchased by Guggenheim Capital LLC


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Guggenheim Capital LLC purchased a new position in CoreLogic, Inc. (NYSE:CLGX) during the fourth quarter, Holdings Channel.com reports. The firm purchased 15,955 shares of the business services provider’s stock, valued at approximately $1,234,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Harvest Fund Management Co. Ltd purchased a new position in CoreLogic in the 4th quarter worth about $48,000. CI Investments Inc. acquired a new stake in CoreLogic during the 4th quarter worth about $66,000. Neo Ivy Capital Management acquired a new stake in CoreLogic during the 3rd quarter worth about $104,000. AGF Investments LLC boosted its position in CoreLogic by 386.4% during the 4th quarter. AGF Investments LLC now owns 1,926 shares of the business services provider’s stock worth $149,000 after acquiring an additional 1,530 shares during the period. Finally, FNY Investment Advisers LLC acquired a new stake in CoreLogic during the 4th quarter worth about $193,000. 89.82% of the stock is currently owned by hedge funds and other institutional investors.

Shares of CoreLogic stock opened at $79.66 on Thursday. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 27.37 and a beta of 1.09. The company has a debt-to-equity ratio of 1.38, a current ratio of 1.91 and a quick ratio of 1.91. CoreLogic, Inc. has a 52-week low of $34.12 and a 52-week high of $90.70. The stock has a 50-day simple moving average of $81.51 and a 200-day simple moving average of $76.75.

CoreLogic (NYSE:CLGX) last posted its earnings results on Sunday, February 28th. The business services provider reported $1.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.29 by $0.22. CoreLogic had a return on equity of 27.11% and a net margin of 13.23%. The firm had revenue of $467.64 million during the quarter, compared to analyst estimates of $430.07 million. During the same period in the previous year, the company earned $0.77 EPS. The company’s revenue for the quarter was up 32.5% on a year-over-year basis. As a group, equities research analysts predict that CoreLogic, Inc. will post 3.42 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, March 15th. Investors of record on Monday, March 1st were issued a $0.33 dividend. The ex-dividend date was Friday, February 26th. This represents a $1.32 annualized dividend and a yield of 1.66%. CoreLogic’s dividend payout ratio (DPR) is currently 52.80%.

A number of equities research analysts have commented on the company. Zacks Investment Research lowered CoreLogic from a “buy” rating to a “hold” rating and set a $87.00 price objective for the company. in a research report on Friday, February 12th. Wolfe Research lowered CoreLogic from a “peer perform” rating to an “underperform” rating in a research report on Wednesday, January 6th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $69.44.

About CoreLogic

CoreLogic, Inc, together with its subsidiaries, provides property information, insight, analytics, and data-enabled solutions in North America, Western Europe, and the Asia Pacific. The company operates in two segments, Property Intelligence & Risk Management Solutions (PIRM) and Underwriting & Workflow Solutions (UWS).

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Institutional Ownership by Quarter for CoreLogic (NYSE:CLGX)

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